Time Inc. shake-up

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Cagle and Hackett. ()
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Larry Hackett, the longtime editor of People magazine, is leaving parent company Time Inc. and will be replaced by Jess Cagle, the editor of sister title Entertainment Weekly.

Cagle also assumes the role of editorial director of Entertainment Weekly and will name a new top editor for the magazine shortly.

Mark Golin, group editor for style and entertainment, will also be stepping down.

The announcement was made this morning by David Geithner, president of Time Inc.’s style and entertainment group, and Norm Pearlstine, the company's chief content officer, in a memo obtained by Capital.

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It is the first sign of major rumblings that are expected to rock Time Inc. this year as the company prepares to be spun off from Time Warner.

Layoffs are planned at the magazine giant, which also publishes titles including Time, Sports Illustrated and Fortune. And the company's journalists are still adjusting to a new reporting structure in which they answer to their respective business sides as opposed to a centralized editor-in-chief.

Rumors that Hackett was on the way out first circulated back in the fall.

You can read the full memo below:

As the goal of becoming an independent Time Inc. approaches, we want to let you know of changes within the SEG editorial structure.

Jess Cagle, editor of Entertainment Weekly, will be taking the reins as Editor of PEOPLE, including oversight of the PEOPLE.com editorial team. In addition, Jess will assume the role of Editorial Director for EW, with the announcement of a new Editor at EW reporting to Jess expected shortly. Jess’s reputation for successful collaboration and strong leadership, coupled with his unmatched access and influence in the celebrity world will enormously benefit both PEOPLE and EW as they continue to dominate their categories. Jess will continue to report to David Geithner with a dotted line to Norm Pearlstine.

Larry Hackett, PEOPLE’s Editor for the last eight years, will be leaving Time Inc. During his fifteen year tenure, Larry’s accomplishments have been innumerable; his commitment to respected journalism, creative insights and brand acumen have revitalized and stabilized PEOPLE during a time of unprecedented competition. During his time at PEOPLE, he became the face of the brand and launched new franchises including World’s Most Beautiful Woman and Teacher of the Year. As a former president of ASME, Larry’s contributions to our industry overall are certainly commendable. We are grateful for his editorial vision, contributions to PEOPLE’s business efforts and collegial leadership. Larry will be here for the next several weeks to assist Jess through the transition.

With this new editorial organization, Mark Golin, SEG’s Group Editor, will also be stepping down. Mark has played a leading role in the company’s digital development since moving to Time Inc. from AOL almost 11 years ago. As Editor of PEOPLE.com, Mark engineered the site’s rapid growth and expansion across mobile, video and social platforms, ultimately building one of Time Inc.’s most successful digital businesses. Mark has agreed to stay during a transition period as we further integrate our print and digital editorial efforts.

Jess began his career at Time Inc. as a reporter for PEOPLE in 1987. He then moved on to be part of the EW 1990 launch team and played a key role in defining the brand’s unique voice. From 2000 to 2002 he served as senior editor at TIME, then returned to PEOPLE and broke some of the magazine’s biggest celebrity stories while appearing as a regular contributor to CBS News broadcasts. One of the industry’s most recognized and respected entertainment journalists, Jess’s frequent television appearances include co-hosting the official ABC Academy Awards Red Carpet pre-show four out of the last five years.

In January 2009 Jess was named Editor, Entertainment Weekly. Jess and his team have given an energy and strength to the brand by integrating its print and digital operations, increasing its audience and presence in Hollywood, and by being a great partner to his publishing colleagues – all resulting in double digit growth for 2013.

Please join us in congratulating Jess on his expanded role, and wishing Larry and Mark success in their new endeavors.

David and Norm